Fair launch hybrid DEFI crypto with no insider allocations. Telegram: https://teapawt.org/t.co/SrLkqo2WHH NO insiders to dump on your head.
Joined April 2024
- Tweets537
- Following234
- Followers2.5K
- Likes497
Great meeting you all in South East Asia!
Main thing I found out......
ASIA IS BULLISH ON $BLERB FUN !!!
Fair launches and simplicity in every click. No need for coding skills!
It's all about blerb.fun 🚀🚀
How does $Blerb eliminate common slippage issues?
The secondary NFT marketplace naturally becomes an OTC marketplace for Blerb, eliminating slippage:
You can buy or sell large portions of the supply on the NFT market with zero slippage.
As cross-market arbitrage liquidity injections grow, the liquidity to keep NFTs and tokens in equilibrium increases, further reducing slippage.
Good morning #CRYPTO 🚀
A extra special GM to those who will be at #THBW2024 - @THBWOfficial !!!
Keep an eye out for the dev 👀
Blerb Finance retweeted
🍟 #FREECHIPPYFRIDAY 🐟
Good morning #THBW2024 - @THBWOfficial !!!
This week, we are paying YOU $20 worth of $CHIPPY tokens to eat Fish and Chips! 🐟🍟
We will #airdrop $20 worth tokens to anyone who buys a portion of Fish N Chips today!
To be eligible for this #Giveaway and to claim your tokens, complete the following steps:
🐟Hold at least 100,000 $CHIPPY
🐟BUY Fish n Chips from any restaurant, chippy or takeaway! (Home cooking not allowed!)
🐟LIKE and QUOTE Tweet this post with #FREECHIPPYFRIDAY
🐟Include a photo containing receipt OR proof of date - 08/11/24! 🐟🍟
How can $Blerb have liquidity on NFT and token markets?
Having NFT and token markets is unique to the hybrid model, as it combines NFTs and tokens into one system:
BLERB NFTs are uniquely minted into existence on the blockchain and each holds 90,000 tokens in the BLERB bridge contract.
The NFTs can be exchanged for BLERB tokens at the BLERB bridge contract.
When bridging, the NFT is burned. To get the NFT back, collect 90,000 tokens and exchange them for a newly minted NFT using the BLERB bridge contract.
BLERB might launch a higher tier NFT later that holds more Tokens, these may be even rarer than the base NFT because they will be harder to create. It is impossible to mint more $BLERB tokens after the launch phase!
1 BLERB NFT = 90,000 $BLERB tokens, and 90,000 tokens = 1 BLERB NFT. Both are traded separately, creating arbitrage opportunities that keep their values in equilibrium.
Liquidity can enter the Blerb ecosystem on two ways: through NFT markets on BASE and traditional token trading markets via UniSwap. This innovation, pioneered by bozo on Solana, is now being brought to BASE and Ethereum Virtual Machines (EVMs) by BLERB.
What is cross market #arbitrage liquidity injections?
The hybrid model couples the NFT and token markets together:
1 Blerb NFT = 90,000 $BLERB tokens and vice versa.
Both can be swapped as many times as you want via the blerb.finance bidirectional bridge.
As the market grows, arbitrage opportunities will increase, necessitating more liquidity to keep the NFT and token prices in equilibrium. The BLERB NFTs and tokens might become some of the most liquid assets on BASE.
Tokens will continue to get distributed to different wallets continuing to deflate the NFT as more people buy the token. The deflationary nature of the NFT via token distribution adds an interesting premium effect.
How does #NFT deflation work?
As tokens are distributed, they deflate the NFT. Here`s how it works:
When someone buys a BLERB NFT, they can swap it for 90,000 $BLERB tokens and sell those tokens on the open market.
These $BLERB tokens get distributed to different wallets, making it impossible for those tokens to be in the same wallet to swap back to an NFT.
Once the launch phase of BLERB ends, the total supply of tokens is fixed. As more people buy the token, it gets harder to recompose the same NFT, since the tokens have been distributed across more holders, and the price is higher. This causes a premium that also drags the token price up.